Short-Term Gains Defy Broader Market Trends
Medicamen Biotec’s share price advanced by ₹13.80 on 12 December, marking a 3.53% increase. This rise is particularly significant when viewed against the backdrop of the broader market and sector performance. Over the past week, the stock has gained 5.89%, while the Sensex declined by 0.52%, indicating that Medicamen Biotec has outperformed the benchmark index in the short term. However, the one-month return shows a slight dip of 0.79%, contrasting with the Sensex’s modest gain of 0.95% during the same period.
The stock’s intraday high reached ₹420.95, a 7.77% increase from its previous close, signalling strong buying interest during the trading session. Moreover, Medicamen Biotec outperformed its sector by 3.48% on the day, ...
Read More








